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Educated Investing in the Stock Market | Ep 29

Strategy Meets Finance

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Introduction

Steve Coughran: Buying stocks based on a hunch or a tip from a friend without understanding the underlying principles of investing with the intent to make a quick buck before you exit is what I refer to as gambling. No one can predict or time the market over the long term and in fact over 79% of actively managed funds underperforming the market. So yes, you may be able to beat the market but with investment fees, taxes, and human emotion working against you, you're more likely to beat it through luck than skill. If you can merely match the S&P 500 minus a small fee, you'll be doing better than most investors.

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